Category: Foreign
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Russia to Launch 2 Crypto Exchanges Aimed at Foreign Economic Activity—Details
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To boost its offshore economic activity, Russia plans to launch two major cryptocurrency exchanges in its region — one in Moscow and the other in St. Petersburg. According to a reportThe initiative highlights Russia’s “strategic” move to integrate digital assets into its economy, focusing on the creation and use of…
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Even when it calms down foreign airlines won’t return
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Fifteen foreign airlines have suspended flights to Israel over the past month, leaving passengers almost entirely dependent on Israeli carriers. El Al Israel Airlines Ltd. (level:Ilal), Israel (TASE: ISRG), and every dayBut Israelis were surprised to discover that the prices charged by Israeli airlines had increased compared to the corresponding…
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China official protests Japan’s negative remarks at meeting with US, Chinese foreign ministry says By Reuters
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BEIJING (Reuters) – A Chinese Foreign Ministry official has expressed diplomatic dissatisfaction to Japan over negative comments made by the Japanese side during a recent meeting with the United States, China’s foreign ministry said in a statement on Wednesday. Liu Jinsong, director-general of Asian affairs at China’s Foreign Ministry, has…
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Asian foreign reserves decline in 2024 first half By Reuters
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Written by Bhaturaja Murugabhupathi and Gaurav Dogra (Reuters) – Asia’s foreign exchange reserves have fallen this year as central banks intervene to support their currencies, with Japan, Indonesia and South Korea leading the declines. Foreign reserves in 12 countries, from Japan to India, fell by about $50 billion to $7.5…
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Ethiopia tops Kenya’s foreign assets on Safaricom entry
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Ethiopia has become the host of the largest stock of capital investment from Kenya in Safaricom’s expansion into that market, knocking Tanzania down to second place. Safaricom is investing billions of shillings heavily in its startup operations in Ethiopia. Tanzania and Uganda have traditionally been the top destinations for foreign…
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Leumi mortgage chief: Major interest from foreign residents
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“The moment after the security threat is removed, we will see a surge in security,” Uri Yonessi, head of the mortgage department at Bank Leumi, told Globes news editor Bar Lavi, during the “Northern Talk” conference held by Globes and Bank Leumi in Acre. The North is supported by large…
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Over half of Aramco share sale allocated to foreign investors
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Written by Maha Al-Dahan DUBAI (Reuters) – Saudi Arabia has floated more than half of the $11.2 billion Aramco share sale (Tadawul) with foreign investors, two sources familiar with the matter told Reuters on Saturday. Saudi Arabia is seeking to attract international investment by pumping tens of billions of dollars…
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Over half of Aramco share sale allocated to foreign investors
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Written by Maha Al-Dahan DUBAI (Reuters) – Saudi Arabia has floated more than half of the $11.2 billion Aramco share sale (Tadawul) with foreign investors, two sources familiar with the matter told Reuters on Saturday. Saudi Arabia is seeking to attract international investment by pumping tens of billions of dollars…
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Iran’s president and foreign minister found dead at site where helicopter crashed
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Iranian President Ebrahim Raisi was killed in a helicopter crash in a mountainous region of the country. The semi-official Mehr News Agency reported that rescuers on Monday found the helicopter carrying the president and other officials, including Foreign Minister Hossein Amir Abdullahian, who also died. The plane crashed on Sunday…
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China to Nurture Stock Rally by Masking Live Foreign Flows Data
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(Bloomberg) — China is set to stop live broadcasts of foreign stock flows as early as Monday, the latest policy move to boost confidence by removing a potential source of negative data. Most read from Bloomberg The Shanghai and Shenzhen stock exchanges plan to stop displaying real-time figures on domestic…